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US30)- 3DView

165
4hr channel break-out on US30 can present to us several possible scenarios:-

1]. An attempt to penetrate through or a bounce @ 31700 resistance area

2].Possible ranging between 31600 & 31400 zone in the next coming days

3].Price correction to the down side to retest the 31295 area.

4]. If price goes below the 31295 area there will be a high probability of retracing beyond 31000 areas

5].Possible Formation of a Head & Shoulder pattern to further propel price up and take out the last known high

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